Fontinalis Announces Recent Promotions, Team Changes, and New Office
DETROIT, MI; BOSTON, MA; & SAN FRANCISCO, CA – September 10, 2018 – Fontinalis Partners (www.fontinalis.com), a mobility-focused venture firm with offices in Detroit, Boston, and San Francisco, today announces several recent promotions, team changes, and a new office.
The Fontinalis team is pleased to announce the appointment of Kyle Messman as a Special Venture Partner, where he will work as a strategic advisor to new Fontinalis portfolio companies. Kyle is an experienced software executive, whose most recent leadership role was as the Chief Financial Officer of Velocify, a SaaS-based sales acceleration platform acquired by Ellie Mae (NYSE: ELLI) in November 2017. Prior to that, Kyle was the Chief Financial Officer of Telogis, a prior Fontinalis portfolio company that provided SaaS-based mobile resource management solutions to enterprises, until its acquisition by Verizon (NYSE: VZ) for $900 million in August 2016. Additionally, Kyle founded South Bay Ventures in 2018 to make early-stage investments in technology and business services companies.
“Kyle has helped navigate two leading companies through periods of high growth, culminating in strategic transactions. We have had the distinct pleasure of working with him in a leadership role during his tenure at Telogis, and we are excited to do so again with our growing portfolio in his new role as a Special Venture Partner,” said Chris Cheever, Founder & Partner.
Additionally, the Fontinalis team is pleased to announce several recent promotions:
- Dan Ratliff has been promoted to Principal
- Gabe Cunningham has been promoted to Senior Associate
- Will Ford has been promoted to Associate, Portfolio Development
- Jake Simon has been promoted to Associate
With his promotion earlier this year, Will Ford has relocated from Detroit to San Francisco to lead the firm’s physical presence near Fontinalis’ growing Bay Area portfolio, industry relationships, and syndicate partners. Over time, the Fontinalis team expects to further expand this new office.
In addition to the promotions and team addition, the partnership has accepted the recent resignation of Chris Thomas, a Founder & Partner, who will be pursuing other opportunities. The Fontinalis team appreciates his many years of dedicated service and wishes him well.
Ralph Booth, Founder & Managing Partner, added, “The last two years in particular have seen rapid growth in the mobility space, and we have operated at an incredible pace during that span by adding 15 portfolio companies and completing six exits. We are excited to now add Kyle to the growing team and to also recognize the contributions of Dan, Gabe, Will, and Jake with expanded roles as we carry the firm forward.”
About Fontinalis Partners
Fontinalis Partners, with offices in Detroit, Boston, and San Francisco, is a venture capital firm strategically focused on next-generation mobility. The firm was founded in 2009 and today manages approximately $170 million of committed capital and an active portfolio of 35 investments. More information is available at www.fontinalis.com.